Member Info for theannoyingdevil

In for a Lotto sized punt. It's a good neighbourhood, and they're funded for a while.

What other news on the horizon? im not very familiar with ALBA (yet).

Interesting Developement. Seems Mrs Henson's connections are bearing fruit.

Anybody know how long she has been NED here?

Nice one Sin.

This board could do with a few more civilised contributors. Well said Jarv.

TC - has been and will be slightly different. I know I’ve a good entry with whats around the corner.

Held here before and now I believe the time is right to hold again.

V shape recovery will happen, it always does.Just need to keep adding in this range.

GL

Will Guy or Richard be talking? or are they just sponsors?

Yes BoB, definitely a sleep easy investment here. Have been buying last week and today. More to add under 1.75 if time allows. Good Luck

Hi,

I like this very much...very good.

Pebsi, thankyou, but im really not clever, i just buy low and sell a bit higher unless a mental stop gets triggered. My strategy revolves around extreme lows and/or mechanics around Funding. UFO is a nice trade when it has raised cash and sometimes in the run up to needing cash. They've historically released great news after funding. Their recent RNS says the CLN is short term so im waiting to see what happens next.

There is a good chance the low has passed, however the BOD can screw things up if things drag on. A bounce from this zone highly likely but how high and for how long? I've no crystal ball. Good Luck.

That other explorer i mentioned earlier hits all my criteria mentioned above. ;-)

Norm I took most off the table too early (but a nice profit) and left a free ride. I've since bailed out. Chucked it all in ARC Minerals last week.

Still looking for re-entry here tho.

Or

4.) I bought the high and no powder left until i sell and buy back.

Where's the support coming in?

1.) 50ma?

2.) Double bottom?

3.) New lows?

Whats next on the news agenda chaps?

Nice one SS. thats how to do it! take a look at ARCM. Sure thing 50%+ coming.

What is that in £ please Max?

Exch rate is approx £1 - A$ 2

Those 1/1 Warrants should have been 200+%. RS earns his coin in the fine print.

Max, there are 2 side to Spin. You spin the positive, others can spin a negative. Ultimately the buying and selling decide.

When i get a chance to buy again, ill be back on your side.

Jallis - but if it goes bust, RS looses a cash cow for his funding operations.

Enters IOCA at seed level. He'll control IOCA via UFO and direct investment in IOCA.

Wait until after the placing Bish. the CLN was for £0.5m/£0.25m/£0.25m 3 Tranches. RS getting 1/1 Warrants at just 125% valid for 3 years. UFO are scoping out Munni Munni again. Placing is inevitable.

IOCA becomes the investable company. UFO carry on fleecing PIs with Shiny dreams. RS continues making a mint through funding agreements. His Base stake keeps him as the puppet master.

Spot on Jallis,

IPO IOCA on ASX sorts this out. UFO hold a stake, Windfield also holds a stake. IOCA raise their own cash. UFO focus on Munni Munni.

Else why no Iron ore focused CEO yet?

Sin

IOCA need to list on their own on ASX. Pure play iron ore. UFO to hold a portion obvs. The only part of this scenario I can’t yet work out is how will RS benefit.

I’m sure he has something up his sleeve…

If you’re a serious investor in IO companies for the dividends why oh why would you choose a company who also wants to explore PMs. Don’t make sense to me.

Historically UFO is a pile of AIM trash. IOCA is a shining light that should de-couple.